Kalpa Commercial MD, chairman, board of directors and AGM
BSE: 539014Commercial Services & SuppliesSmall Cap
Share price at the BSE close on 23 Oct 2026. Previous close ₹7.60.
- Market capMarket capitalisation. Share price times the number of shares: what the whole company is worth at the day's price. The rank is by average market value over the six months to Jun 2026, among listed companies.
- ₹6.57 Cr4,696th largest listed
- P/EPrice to earnings, trailing. Market cap divided by the profit of the last twelve months (the latest four quarters, or two half years for a company that reports half-yearly) that belongs to the company's own shareholders, after the share of the other owners of its subsidiaries: what investors pay for each rupee of a year's profit. The filing of 10 Aug 2026
- 6.8
- P/BPrice to book. Market cap divided by the net worth that belongs to the company's own shareholders, its assets less everything it owes and less the other owners' share of its subsidiaries, on its latest balance sheet. The filing of 30 May 2026
- 0.3
- Dividend yieldDividend yield. Dividends paid per share in the twelve months to the day, as a percentage of the day's share price.
- Nonein the last 12 months
- ROEReturn on equity. Profit over the last twelve months (the latest four quarters, or two half years for a company that reports half-yearly) that belongs to the company's own shareholders, as a percentage of their net worth, the money they have in the business. Net worth is the average of the latest balance sheet and the one a year before it. The filing of 10 Aug 2026
- 4.3%
- ROCEReturn on capital employed. Operating profit after depreciation (revenue less operating expenses and depreciation, without other income and one-off items) as a percentage of all the money the business runs on: the whole group's net worth, the other owners of its subsidiaries included, plus borrowings. Lease liabilities are not counted: the results filings do not state them. The profit is over the last twelve months (the latest four quarters, or two half years for a company that reports half-yearly); net worth and borrowings are on the latest balance sheet. The filing of 10 Aug 2026
- 1.0%
- Debt to equityDebt to equity. Borrowings divided by the whole group's net worth, the other owners of its subsidiaries included: rupees borrowed for each rupee of equity in the business. Lease liabilities are not counted: the results filings do not state them. From the balance sheet at the end of Mar 2026. The filing of 30 May 2026
- 3.30
- Volume, BSEVolume. Shares traded on the last trading day.
- 14,650
Kalpa Commercial board of directors
At the end of the quarter to Jun 2026, as the company filed it; changes since are in its announcements.
- Chairperson and managing directorISHANT MALHOTRA
- Company Secretary and Compliance OfficerHimani Sharma
4 directors3 independent1 executive
- ISHANT MALHOTRA · Chairperson and managing directorExecutive · joined Jul 2023 · 35 months as independent · 1 listed board
- HEMANTIndependent · joined Aug 2025 · 10 months as independent · 1 listed board · 1 as independent
- GEETIKA CHAWLAIndependent · joined Aug 2025 · 10 months as independent · 1 listed board · 1 as independent · 2 committee seats
- SHIVANIIndependent · joined Dec 2021 · 54 months as independent · 1 listed board · 1 as independent · 2 committee seats
An independent director has no business or family tie to the company, its promoters or its managers beyond the seat. Listed boards counts the boards of listed companies the director sits on, this one included, and "as independent" how many of those seats are independent ones. Committee seats are audit and stakeholder committee seats across those companies. Months as independent is filed for independent directors only, whose terms the rules cap. Disqualified is the company's own mark that a director may not serve under company law.
3 directors who left
- SHIVAM KUMAR, left 26 Aug 2025: Others
- LOVE KUMAR, left 26 Aug 2025: Others
- MUKUL JINDAL, left 3 Oct 2024: Others
Committees and meetings
Who sits on each, and how often they met.Board meeting notices and outcomes
Board
- 30 May 20264 of 4 present3 independent · 22 days in between
- 7 May 20264 of 4 present3 independent · 83 days in between
- 12 Feb 20264 of 4 present3 independent
Audit Committee
Chair HEMANT
GEETIKA CHAWLA, SHIVANI
- 30 May 20263 of 3 present3 independent · 22 days in between
- 7 May 20263 of 3 present3 independent · 83 days in between
- 12 Feb 20263 of 3 present3 independent
Nomination and remuneration committee
Chair HEMANT
GEETIKA CHAWLA, SHIVANI
No meeting listed in the filing.
Stakeholders Relationship Committee
Chair HEMANT
GEETIKA CHAWLA, SHIVANI
No meeting listed in the filing.
Meetings in the quarter filed and the one before it. The days in between are as the company files them, neither meeting's day counted; the rules allow at most 120. A quorum is the least number of members who must attend for the meeting to decide anything.
Statutory auditor
Named in the results for the quarter to Jun 2026.
- SGR & Associates LLPPeer-review certificate valid to Feb 2028
1 earlier auditor
- SGR & ASSOCIATE LLPNamed in the filing for the quarter to Dec 2025
A statutory auditor checks the company's accounts and signs its results. Peer review is the accountants' institute's check of an audit firm's own work, which a listed company's auditor must hold a valid certificate of.
Kalpa Commercial AGM and shareholder votes
Each resolution, how the votes went, and how institutions voted apart from the promoters. A postal ballot is a vote by post or online, held without a meeting.Kalpa Commercial share news and announcements
Annual general meeting, 28 Sep 2026
5,503 shareholders on the register on 22 Sep 2026; present: 5 promoters and 30 others; votes counted by Prakash Chander / M/S Prakash Chander & Associates.The company's voting result (opens in a new tab)
- Adoption of audited financial statements for the financial year ended 31 March, 2026Ordinary99.88% for0.12% against
Against: promoters 0.00% · institutions 0.00% · other public 0.12%
Turnout: all 2.09% · promoters 0.00% · institutions 0.00% · other public 2.63%
- To consider and approve the appointment of M/s. ACA and Associates, Chartered Accountant Firm, (FRN: 028414N) as a statutory auditors of the companyOrdinary99.99% for0.01% against
Against: promoters 0.00% · institutions 0.00% · other public 0.01%
Turnout: all 2.09% · promoters 0.00% · institutions 0.00% · other public 2.63%
- To consider and approve the appointment of M/s. ACA and Associates, Chartered Accountant Firm, (FRN: 028414N) as a statutory auditors of the company to fill the casual vacancy.Ordinary99.99% for0.01% against
Against: promoters 0.00% · institutions 0.00% · other public 0.01%
Turnout: all 2.09% · promoters 0.00% · institutions 0.00% · other public 2.63%
- To consider the appointment of Ms. Shruti Sethi (DIN: 11347689) as an Independent Director of the company.Special99.88% for0.12% against
Against: promoters 0.00% · institutions 0.00% · other public 0.12%
Turnout: all 2.09% · promoters 0.00% · institutions 0.00% · other public 2.63%
- To consider the adoption of new set of Memorandum of Association (MOA) in line with Companies act, 2013Special99.88% for0.12% against
Against: promoters 0.00% · institutions 0.00% · other public 0.12%
Turnout: all 2.09% · promoters 0.00% · institutions 0.00% · other public 2.63%
- Adoption of new set of Articles of Association (AOA) of the company to align the same as per the Companies Act, 2013Special99.88% for0.12% against
Against: promoters 0.00% · institutions 0.00% · other public 0.12%
Turnout: all 2.09% · promoters 0.00% · institutions 0.00% · other public 2.63%
For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.
Fines
Reported in the filing for the quarter to Jun 2026.
- Fine or penaltyBombay Stock Exchange (BSE) LimitedSince 15 Jun 2026
Fines as per SEBI Master Circular No. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 issued on July 11, 2023 and last updated on January 30,2026 (Chapter VII (A)-Penal Action for Non-Compliance)
Regulation 29(2)/29(3)- Delay in furnishing prior intimation about the meeting of the board of directors
In the company's own words, from its latest governance filing.
Investor complaints and compliance
Quarter by quarter.
Investor complaints received and resolved, the company's own count
- Received
- Resolved
Open at the quarter's end
- The board is made up as the listing rules require
- Yes
- The board has a regular chairperson
- Yes
- The company has a risk management committee
- No
- The chair is related to the managing director
- No
- The filing has a part on fines and penalties
- Yes
- The filing has a part on tax disputes
- No
- There was a cyber security incident in the quarter
- No
The company's own answers in its filing.